Page 38 - Maruti Suzuki

Maruti shifts Dzire production to Gujarat to create space for new launches

Plans a slew of new SUV models over the next few years as it seeks to take on the competition by straddling the segment with multiple \offerings at varied price points

Maruti rolls out digital platform for car financing solutions to customers

The country's largest carmaker Maruti Suzuki India on Friday announced the nationwide roll-out of its digital platform that provides customers end-to-end online car financing solutions. The company, which had launched Maruti Suzuki Smart Finance in limited cities in December 2020, said it is now available across India for customers of both ARENA (mass market car retail chain) and NEXA (premium cars outlet). It has on-boarded 14 financiers, including HDFC Bank, ICICI Bank, Yes Bank, Axis Bank, State Bank of India, IndusInd Bank, Bank of Baroda, Mahindra Finance, and Sundaram Finance. MSI Senior Executive Director (Marketing & Sales) Shashank Srivastava said even before walking into a car dealership, most potential buyers already start their shopping process online -- browsing cars and finance options. Keeping in view the changing customer behaviour, the company had launched Maruti Suzuki Smart Finance, a digital platform that enables customers with an end-to-end online car ...

Automakers witness sales recovery in June as pandemic eases across states

The country's largest carmaker Maruti Suzuki India (MSI) posted total sales of 1,47,368 units in June, up from 46,555 units in May.

Maruti Suzuki posts 3-fold rise in total sales at 147,368 units in June

Sales of mini cars, comprising Alto and S-Presso, rose to 17,439 units in June as against 4,760 units in May this year.

Maruti Suzuki expands subscription services to four more cities

Jaipur, Indore, Mangalore and Mysore are the new cities

After incubation plan success, Maruti may pick stake in mobility start-ups

Carmaker has reaped benefits from firms that it has incubated under the accelerator programme

Advance tax collection: Automobile, IT firms lead surge in April-June qtr

Maruti Suzuki, Hero MotoCorp, TCS, and Infosys reported a jump between 44 per cent and 200 per cent in the April-June quarter of this financial year on account of a low base

Market erases gains to end flat amid volatility; Maruti Suzuki rises 5%

After touching a lifetime intra-day peak of 53,057.11, the 30-share BSE Sensex settled 14.25 points, or 0.03 per cent higher, at 52,588.71, marking its third straight session of ga­ins

Maruti, Tata Motors: Auto stocks showing positive trend reversal on charts

Maruti Suzuki was the top-performing index stock as it rose over 4 per cent after the company said it would be raising vehicle prices in the July-September quarter

Maruti cuts Eeco ambulance price by Rs 88k as govt reduces GST

The GST rate on Eeco ambulance has come down to 12 per cent from the earlier rate of 28 per cent.

Auto industry chases the monsoon, but analysts are less optimistic

Manufacturers think the impact of Covid-19's ravages on rural India will abate if seasonal rains are good.

After a washed-out May, can auto sales rebound anytime soon?

Analysts expect the 'pent-up demand' story to play out from the second quarter of the financial year 2021-22 (Q2FY22) as states unlock

Lockdowns put auto sales in slow lane in May, Maruti takes 71% hit

With number of cases declining, industry expects recovery in second quarter

Top headlines: No CBSE, ISC Class 12 exams this year; ITC Q4 PAT rises 6.5%

Business Standard brings you top news of the day

Maruti Suzuki total sales decline 71% in May over April to 46,555 units

Maruti Suzuki India reported a 71% decline in total sales to 46,555 units in May as compared to 1,59,691 units in April as a spike in Covid-19 cases and lockdowns across various states hit dispatches

Amid Covid-led disruptions, Maruti sees 71% sequential decline in May sales

'Since neither of the two months had normal production, the sales volume of May 2021 are not comparable with May 2020,' says the carmaker

Maruti Suzuki digitises to click with buyers: How exactly does it work?

India's largest car maker is finding traction in the national roll-out of its digital financial services platform

Maruti Suzuki in process of installing 24 oxygen plants in govt hospitals

Maruti Suzuki India (MSI) on Friday said it along with its supplier partners are in the process of installing 24 oxygen plants in government hospitals by the first half of June

Maruti Suzuki ties up with three firms for production of oxygen generators

The company said that as part of that, it has been able to increase the output levels of oxygen generators by over 10 times.

Maruti, Toyota, M&M remain bullish on long-term growth of used car business

Leading automakers Maruti Suzuki India (MSI), Mahindra & Mahindra and Toyota Kirloskar Motor are bullish on the long-term growth prospects of their respective used car verticals even as the second wave of COVID-19 continues to pose severe challenges to the business activities across the country. The companies remain a bit circumspect regarding the near-term situation owing to the pandemic but expect the segment to grow on a long-term basis with personal mobility gaining acceptance amid the coronavirus pandemic. "It is very difficult to predict how used car business will perform this fiscal year due to COVID situation. Demand for such cars is there in the market but there is pressure on their availability because of restrictions across states on account of lockdowns and curfews," MSI Executive Director (Sales and Marketing) Shashank Srivastava told PTI in an interaction. The auto major currently has 570 True Value outlets across the country where it certifies the pre-owned cars it .